A TV set was bought for ₹26,250 including 5% VAT. The original price of the TV set is _____.

₹26,245

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₹27,562.50

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₹25,000

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₹24,937.50

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Solution

The correct option is D ₹24,937.50
Cost price of TV set = ₹26250.

VAT including = 5% of 26250

Original price = Cost price of article - VAT
= 26250 – (5/100) x 26250

= 26250 - 1312.5

= 24,937.50

Therefore, original price of TV set is = ₹24,937.50

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Q. A TV set was bought for

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including

5 %

VAT. The original price of the TV set is

A TV set was bought for $R s 26, 250$ including $5 % V A T$ . The original price of the TV set is (a) Rs 27,562.50 (b) Rs 25,000 (c) Rs 24,937.50 (d) Rs 26,245

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A TV set was bought for ₹26,250 including 5% VAT. The original price of the TV set is _____.

The correct option is D ₹24,937.50Cost price of TV set = ₹26250. VAT including = 5% of 26250 Original price = Cost price of article - VAT = 26250 – (5/100) x 26250 = 26250 - 1312.5 = 24,937.50 Therefore, original price of TV set is = ₹24,937.50

The correct option is D ₹24,937.50
Cost price of TV set = ₹26250.

VAT including = 5% of 26250

Original price = Cost price of article - VAT
= 26250 – (5/100) x 26250

= 26250 - 1312.5

= 24,937.50

Therefore, original price of TV set is = ₹24,937.50